Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
. Farming News .




FARM NEWS
Asia's largest wine expo opens in Hong Kong
by Staff Writers
Hong Kong (AFP) May 27, 2014


Asia's biggest wine and spirits fair opened in Hong Kong on Tuesday, drawing the world's top producers from France to Chile despite China reporting the first decline in wine consumption for a decade.

According to a survey by Vinexpo Asia Pacific, mainland China's wine consumption fell by 2.5 percent last year, after ten years of uninterrupted growth at a rate of 25 percent per year.

The drop comes as Beijng reins in luxury spending and extravagant banquets, against the backdrop of a slower economy, and an anti-graft campaign backed by President Xi Jinping to root out official corruption.

However, show organisers, who expanded the trade fair by 50 percent in floor space from its last edition in 2012, are adamant there are still strong opportunities for the wine and spirits markets in the region, because of increased demand from a growing middle class.

"This is the largest Vinexpo Asia Pacific ever. The markets of South East Asia and China are still booming," Vinexpo chief executive officer Guillaume Deglise said.

"There are many markets in Asia where the middle class is expanding and this represents a great potential for the wine and spirits industry," he said.

Xavier de Eizaguirre, chairman of Vinexpo, said that the region has seen exponential growth for the past two decades.

"Little did we know two decades [ago] Asia led by China and Japan would reach 63 percent of world's spirits consumption," he said at the event's opening ceremony at Hong Kong's harbourside exhibition centre.

In 2013, China overtook France as the world's largest consumer of red wine, guzzling more than 155 million 9-litre cases or 1.865 billion bottles that year, according to Vinexpo.

Some 1,300 exhibitors from 31 countries attended the event packed with wine tasting sessions as well as discussion forums for sommeliers, distributors and importers.

This year Chinese wine tastings are also a feature, along with a bar showcasing innovative cocktails for the first time, organisers say.

French exhibitors make up more than 500 booths, while producers from Italy to New World countries such as the United States are also vying to gain market share.

.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





FARM NEWS
US Farmers Can Turn their Ag Waste Problems into Profit
Glen Allen VA (SPX) May 23, 2014
The time is now for U.S. farmers to fully monetize the massive amounts of biomass energy bound up in crop residues, animal manure and other forms of ag waste, advises Roy M. Palk, senior energy adviser for national law firm LeClairRyan, in a series of columns for Farm Industry News. "Thanks to rapid technological development, as well as new regulatory carrots and sticks, today's energy com ... read more


FARM NEWS
MMS Narrated Orbit Viz: Unlocking The Secrets of Magnetic Reconnection

New Japan satellite to survey disasters, rain forests

Earth Science Applications Travelogue: Maury Estes

GOES-R Propulsion and System Modules Delivered

FARM NEWS
Payload preparations in full swing for Ariane 5 launch of Galileo navsat

Sixth Boeing GPS IIF Spacecraft Reaches Orbit, Sends First Signals

British MoD works on 'quantum compass' technology to replace GPS

Iran to Host Russian Satellite Navigation Facility

FARM NEWS
International standards reducing insect stowaways in wood packaging material

Canadian forestry firm sues over environmental audit

Emissions From Forests Influence Very First Stage of Cloud Formation

Emerald ash borers were in US long before first detection

FARM NEWS
New, fossil-fuel-free process makes biodiesel sustainable

NASA's Alternative Fuel Effects Research Showcased

Growing Camelina and Safflower in the Pacific Northwest

Boeing, Embraer team for biofuel use

FARM NEWS
What if Roads Were Made of Solar PV Panels?

Bendygo Partners with PURE to Provide Solar Panel Installations

Sunlight Photonics Launches Solar UAV Product - SUNLINK-5

JinkoSolar Unveils 'Eagle + Series' of Solar Modules

FARM NEWS
Scottish energy sector gets a bit greener with RWE Innogy project

German energy company RWE Innogy starts turbine installation at mega wind project

Irish 'green paper' outlines transition to a low-carbon economy

U.S. moves closer to first-ever offshore wind farm

FARM NEWS
China consumes almost as much coal as the rest of world combined

China coal mine death toll rises to 20: report

Rescuers race to save 22 trapped coal miners in China: Xinhua

U.K. Coal may close two deep mines

FARM NEWS
China blogger 'fired' after John Kerry meeting

China sentences mining tycoon to death

Vietnamese woman self-immolates in anti-China protest: media

Chinese woman summits Everest, helped by chopper lift




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.